Understand how distorted time is during sell offs.
When the market is facing price action like it currently is, everyone is zoomed in, it's natural.
It will also feel like multiple days pass when in reality it's only a small amount of time.
You then need to understand the impact on your trading and decision making.
The age-old advice of patience is easy to meme but it's one of the most significant and important skills to learn. We're facing incredibly strong selling on crypto, and the thought process must be in appreciation of the way that price action like this plays out.
1. The market is downtrending - always expect lower prices.
2. When the market stops the aggression the most likely period of time is consolidation/chop.
3. When the consolidation/chop ends the most likely outcome is continuation of the trend.
4. If a reversal is present then you can begin building into that.
When you're looking at price destruction like we've witnessed, no one can tell you when is a good time to buy, you need to determine what your time horizons for investment are and whether you think the current prices represent value in comparison to that.
Trying to time bottoms in downtrends is almost impossible, even more impossible to hold through to a reversal and likely leads to bleeding out of portfolios through continued interaction against the tide of the market.
Let things play out, don't panic into positions just because you get a 5m bounce. Don't rush to position because a Daily or Weekly turned green.
We're potentially months away from this market reversing and turning around to anything meaningful. Pre-occupation with the lower timeframes will distort this view so much and lead you to overtrade and to spend too much time on positions that are against the natural trend of the market.
It's time to zoom out, manage your psychology and keep that balanced wider field of view when it comes to market dynamics and the way that things tend to play out.
After two decades of trying all the grown up company shit they say you have to do I am of the firm belief that 100% of it is absolute fucking bullshit. It was all designed for shit companies with shit cultures and shit leaders. Reject it. Go your own way. And thank me later :)
500,000 copies sold!! 💀
Words can’t describe how it feels to sell over half a million copies. I’m stunned, shocked, happy, over-the-moon happy even! And I still wonder to this day how this is even possible lol
From the bottom of my heart, thank you! 🧡
the level of gaslighting around the ByBit attack and nonsensical proposals for chain rollbacks
by senior / well-known people in both the Bitcoin and Solana communities
is absolutely disgusting, and most of you know better
seriously, go fuck yourselves
It's true that Ethereum might die.
A very, very long time after all the individuals who said it will die have died themselves though.
😗
https://t.co/hIOFT4dIG1